The Residential Communities Initiative will break ground on more than 800 new homes next year. The 50-year project is aimed at building better living quarters for soldiers on post and eliminating all inadequate family housing in the country by the year 2007.
Program director Ted Lipham said it will mean big bucks for not only Fort Bragg, but all surrounding communities.
"We conservatively think that $1 in will equal $3, so you've got a three to one economic multiplier of those millions coming in here," he said.
Fort Bragg said it will look for help from local contractors to build the new homes.